First Watch Restaurant Group, Inc. has grown revenue 18% a year over three years and 22% a year over five, with earnings per share compounding at 2.4%. Revenue growth, 3-year annual rate: +18% (Restaurants median +7.3%). Revenue growth, 5-year rate: +22%, growth has slowed since the five-year average. Earnings per share, 3-year rate: +2.4%, earnings lagged revenue: the growth is costing something. Years of annual history on file: 7, FY2019 to FY2025, as filed.

FWRGFirst Watch Restaurant Group, Inc.

Consumer Cyclical

$10.96-31% 1Y

$10.96

$10.1052 weeks$18.66

Is it growing?

Good

Growing: revenue growing +19% year on year and earnings up +383% year on year.

2 good, 1 neutral

Revenue trend+19% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings.

Earnings trend+383% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+0.5 points operating

Trailing-twelve-month operating margin, 2.2% now against 1.7% a year earlier.

All from SEC EDGAR, as of Jun 28, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is FWRG growing?

First Watch Restaurant Group, Inc. has grown revenue 18% a year over three years and 22% a year over five, with earnings per share compounding at 2.4%.

+18%

Revenue growth, 3-year annual rate · Restaurants median +7.3% · compounding fast · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate: +22%
Revenue growth, 5-year rate · +18% over three · growth has slowed since the five-year average
Earnings per share, 3-year rate: +2.4%
Earnings per share, 3-year rate · revenue +18% · earnings lagged revenue: the growth is costing something
Years of annual history on file: 7
Years of annual history on file · FY2019 to FY2025, as filed